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Commodities group Glencore is studying an approach for Anglo American, two sources said, a development that could spark a bidding war for the 107-year old mining company. Glencore has not yet...
Scandinavian gold exploration and mining company Akobo Minerals has informed shareholders of the progress it is making in solving recent challenges with nationwide fuel supply disruptions and new...
London-listed Galileo Resources has confirmed receipt of a second payment totalling R48-million, or £2.1-million, from JSE-listed diversified miner Afrimat in its option to buy shares in Glenover...
Multinational miner Endeavour Mining, which owns and operates gold mines in Côte d’Ivoire, Burkina Faso and Senegal, continued to make progress against its strategic objectives in the first quarter...
Exploration company Meteoric Resources said on Thursday it had entered into a nonbinding memorandum (MoU) to supply Neo Performance Materials’ Estonia magnet manufacturing with rare earths from its...
Diversified mining major BHP, which has made a rejected proposal to combine with Anglo American by way of a scheme of arrangement, confirmed on Thursday that it intended maintaining its...
China’s leading metals companies, including its state iron ore buyer, are considering their next moves following BHP Group’s blockbuster $39-billion approach for rival Anglo American, potentially...
Russian diamond miner Alrosa has no plans to reduce production amid tougher Western sanctions, its CEO Pavel Marinychev said on Thursday. The Russian finance ministry said last month that Russia...
BHP Group has deployed a team of senior executives to South Africa as the world’s largest miner ramps up efforts to win over government officials, regulators and local shareholders, all of whom...
Discovery and development are the only true drivers of value creation in the mining industry, Barrick president and CEO Dr Mark Bristow highlighted on Wednesday, when this standout gold and copper...
arrick Gold is not interested in bidding for Anglo American, which last week received a $39-billion takeover offer from BHP, and is building its own copper portfolio, the Canadian miner's CEO Mark...
Anglo American's chair will meet its top 30 shareholders to hear views on BHP's $39-billion bid for the miner, he told an annual general meeting on Tuesday, where he was restricted from discussing...
Execution and preparatory work on key gold projects are on track in South Africa, and early works on the copper project in Australia are to commence, Harmony Gold reported on Tuesday. In South...
A takeover of Anglo American would need to be pitched at more than £30 ($37.6) a share, a higher price than BHP Group offered last week, according to analysts and traders surveyed by Bloomberg....
Continued exchange-traded fund (ETF) outflows drove gold demand, excluding over-the-counter (OTC) purchases, down by 5% year-on-year in the first quarter of this year to 1 102 t. However,...
The Biden administration is considering banning imports of enriched Russian uranium using executive authority as congressional efforts to block the Kremlin’s shipments of the reactor fuel stall,...
BHP Group can't cherry pick Anglo American assets without paying a hefty premium, Anglo investors told Reuters, concerned that they stand to lose heavily by holding shares in South African...
Platinum group metals (PGMs) mining and marketing company Implats on Tuesday reported higher production in a period characterised by robust demand but lacklustre PGM prices. “Despite continued...
More than 70% of critical minerals needed for the transition to net zero emissions will be at risk from climate disruption by 2050, professional services firm PwC says. The firm's latest report,...
Pending an improved price and cost environment, Glencore said in its first-quarter 2024 production report on Tuesday that its Rustenburg ferrochrome smelter in South Africa’s North West province...
Gold Fields long-serving CFO Paul Schmidt, who is also an executive director of the Johannesburg Stock Exchange-listed gold mining company, is to proceed on early retirement, the company stated in...
Group of Seven nations have agreed to target the first half of 2030s to phase out coal, according to the UK’s energy and nuclear minister, a key milestone for some of the world’s most...
Aim-listed Red Rock Resources’ Bilbale gold project, in Burkina Faso, holds “significant potential”, consultant Dr Willem J Smuts has noted in a report. Smuts recently undertook a site visit to the...
BHP has told Australian investors privately that its $39-billion Anglo American bid is in line with its strategy and that it will be disciplined in its approach, two fund sources said. The world's...
Senior gold producer Endeavour Mining announces that first gold pour at the Sabodala-Massawa BIOX Expansion project, in Senegal, took place on April 18, marking the successful delivery of the BIOX...
London-listed URA Holdings has started phased production at the Gravelotte emerald mine (GEM) in South Africa. Following the successful commissioning of the processing and sorting plants, phased...
Commodities group Glencore bought aluminium from Russian producer Rusal worth $1.06-billion in 2023 as part of their long-term contract, the Russian producer said in an annual report on Friday....
BHP Group’s proposal for a $39-billion takeover of rival Anglo American is all about securing plenty of copper supplies — so now, the potential deal is throwing uncertainty over the future for...
BHP Group’s $39-billion bid to create a global copper giant risks irking its biggest customer China, where authorities have a history of intervening to stymie or water down international mergers....
BHP Group is considering making an improved offer for Anglo American after its $39-billion initial proposal was rejected by the London-listed miner, a source familiar with the matter told Reuters....
Copper hit $10 000 a ton for the first time in two years as speculation builds that the world’s mines will struggle to meet a coming wave of demand from green industries. The metal reclaimed its...
The growth in demand for platinum applications in China is extremely high, making detailed access to the China market hugely advantageous. Providing this detailed access from July 8 to 11 will be...
Activist fund Elliott has built up a $1-billion stake in Anglo American, a filing showed on Friday, after the London-listed miner became a takeover target by bigger rival BHP Group. Elliott...
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